HighBank releases their first quarter Human Resources Outsourcing (“HRO”) Industry Insight. We anticipate increased utilization of SaaS and cloud based HRO services. Additionally, we believe M&A activity will accelerate in 2012 and 2013 as large, multinational HRO providers continue to build scale, expand their geographic capabilities and enhance product depth. The report also contains our recently issued views on the global economy and its anticipated impact on the HRO industry.
